Corporate digest

Ascendas India Trust

ASCENDAS India Trust's net profit rose 14 per cent to S$9.4 million in its fiscal first quarter, while income to be distributed stayed flat at 1.36 Singapore cents per unit. Total property income rose 6 per cent to S$36.1 million as base rent increased by 7 per cent to S$22.7 million while operations, maintenance and utilities income stayed flat at S$10.8 million.

City Developments Ltd